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20130416
20130416
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the boston terrorist attack continues next with neil cavuto. ♪ an update on the sperm tax. [laughter] >> the clock is ticking. taxes are due but most americans now pay someone else to do that because the rules are so complex. >> i have an accountant. >> you don't want to do it yourself. >> i have no idea and i promise this is true. >> he does my taxes. i don't want to pay him but i have to because i understand the rules. i bet you don't either. tonight we will test to. >> one state offers a $50 tax credit for losing both arms. >> that shows how crazy the irs took your money to make the film that without them the earth would be in chaos. >> money laundering, bribery >> some people want higher taxes, but we are already taxed to death. that is our show. tonight. john: justice oliver wendell holmes once said taxes are what we pay for a civilized society. liberals like to cite that but he said that in 1927 when taxes were just 10 percent of gdp. that is enough to pay for a civilized society but government has grown so far far, so fast it is now spending 40 percent of gdp. is to
director, douglas holtz-eakin. we could be hit with an individual security tax. he will explain when he joins tracy byrnes and adam shapiro the next hour of fox business. don't miss it. [ male announcer ] in your lifetime, you will lose 3 sets of keys 4 cell phones 7 socks and 6 weeks of sleep but one thing you don't want to lose is any more teeth. if you wear a partial, you are almost twice as likely to lose your supporting teeth. new poligrip and polident for partials 'seal and protect' helps minimize stress, which may damage supporting teeth, by stabilizing your partial. and 'clean and protect' kills odor-causing bacteria. care for your partial. help protect your natural teeth. care for your partial. if you've got it, you know how hard it can be to breathe and man, you know how that feels. copd includes emphysema and chronic bronchitis. spiriva is a once-daily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. you know, spiriva helps me breathe easier. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhal
%-from boston. the irs says boston taxpayers will be granted extensions on their tax returns. every little bit helps. that is my "2 cents more." a great night and we will see rebecca tomorrow evening. ♪ lou: lou: good evening and thank you for being with us. details tonight emerging about yesterday's horrific terrorist attack and the boston marathon. the two explosions on boils some street wounded 176 by standards. three people killed. martin richard lost his life in the explosion that also left his brother and sister critically wounded. waiting by the finish line to hug his father and to congratulate him for finishing a marathon. 29-year-old crystal campbell also killed in the attack after adding to the finish line to take a picture of a friend was completing the race. the third victim has now been identified as a graduate student from boston university, but her name has not been released pending notification of next of kin. seventeen other victims tonight remain in critical condition. some have lost limbs or arms, many have suffered severe injuries to their legs. doctors operate
the tax hike on the not only well to do but tax hike on every dollar on obamacare and other things. if anything that will affect things. i doubt this will. gerri: rc. this is already one event too many for me. what do you say? >> bingo. >> consumers are driven most what is happening to their biggest asset. for most people the biggest asset is their house. is it appreciating or depreciating? is it above water or below water? that will be big part of what drives consumer sentiment? how safe is their jobs? are they getting raising or people being laid off. that will drive consumer sentiment. gerri: certainly important issues. jordan back to you, when you look at the past what is response from consumers? >> certainly after 9/11 there was dramatic decrease in consumer activity. people cut back on spending. gerri: recession. >> that happened at that time. this isn't that. it is a one-shot event at least at moment. if there are other events that would affect things much more. this is not as big as 9/11 but people definitely pull back when these things happen. gerri: gary to you. we've wat
. they are more worried about the impact on the economy and payroll taxes january 1. connell: let's bring just jeff and from raymond james. let's follow up on what peter is reporting on and the financial markets both yesterday and today. even without what happened in boston yesterday was setting up to be a remarkable day. stocks were down. gold was selling off. there were further jitters after what happened in the afternoon, obviously. >> it reminded me very much of the hunt silver corner. when it finally, when the fever finally broke on october 7, excuse me, january 7 of 1980, you had a hard move on silver just like you did on gold on friday. they try to hold the markets together. the margin calls went out. people had to start selling their commodity positions. i do not know if they play that way here or not, but it has had a heart attack on the market and heart attack patients do not get right off the gurney and run a 100-yard. connell: if it bounces back up, is it in your view over at this point and the second part, what, if any, to the impacts of the bombing have? >> the bombings in boston
and freddie, and even the mortgage interest tax deduction. the support bases for housing right now seems to be quite artificial, and i think that is why a lot of home builders are afraid to get into this market right now to build more because they are skeptical this is a real recovery. melissa: you are to real estate guys who are not bullish on real estate, how is that? it seems he does not believe in the recovery and the data. >> no, absolutely not. i think there's going to be a significant price increase in housing in the short term. today there may be some momentum created were a lot of momentum created by low interest rate, but when you look historically at the housing market, people need a place to live, even rental properties a lot of them are single-family homes or apartments. at the end of the day, people need a place to go, new household creation is outpacing the supply, so more people looking for a home than there are homes available and nationwide in almost every major metro we are at very low inventory rates so i am bullish. if you want to make money right now, look at single
, disability as a designated tax and i should know the number, 1.8% half on the employee, half on the employer. this is predicted decades ago and we're pretty much on course and what we've done in the past is we've borrowed between the disability and the old age trust fund. you can do that. we did that back in '82 when the old age fund was literally out of money for a period of time. that's not a longer term solution. i mean, we're going to have to figure out do you want more revenue, but again, i'm all for cracking down on fraud, i don't know anyone who isn't, but you don't want to have terminal cancer patients dying before he they get their disability. >> yes, sir, that's a given. dean baker, think very much. i'm sorry we're pressed for time and i've got to get the one update in for you about the bombing in boston. there were two and only two devices found. no additional threats have been received. no unexploded devices were found. okay. now this. the amount of u.s. debt owned by foreigners is at a record level and the chinese own the biggest chunk. liz macdonald, charles payne, they're here
Search Results 0 to 6 of about 7

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